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BellSouth Corp. asked a federal court in Birmingham, Ala., to declare unconstitutional certain sections of a 10-year-old federal cable law, similar to a suit it filed in Brentwood, Tenn. The suits…

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Shareholders on hold

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While Wall Street continues to keep a vigil waiting for a clearer indication of a winner in the ongoing battle for Paramount Communications, financial sources said the auction process is still in its…

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Third-quarter earnings and revenues climbed at Prism Entertainment Corp. as the direct-to-video company scored another hit with “Night Eyes III.” For the quarter ended Oct. 31, Prism earned $ 262,000…

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